In a bold claim sparking debate across the crypto community, market analyst Versan Alajjarah contends that XRP’s future price has been predetermined by major financial institutions—long before retail investors entered the market.
The Institutional Price Theory
Alajjarah’s assertion comes despite XRP’s stagnant price, even after Ripple’s legal victories against the SEC and ecosystem expansions. His theory, outlined in the article "XRP Price Already Set: What Global Institutions Know," draws parallels between XRP’s trajectory and traditional pre-IPO processes.
"The price of XRP has already been determined,"
— Versan Alajjarah
According to his analysis:
- Institutional Negotiations: Central banks, JP Morgan, BlackRock, and the IMF have allegedly set XRP’s value behind closed doors, akin to pre-IPO share pricing.
- Adoption Evidence: Ripple’s integrations with central banks worldwide signal pre-arranged adoption for cross-border transactions and blockchain interoperability.
Two Price Realities
Alajjarah distinguishes between:
- Institutional Price: Privately negotiated for large-scale financial use, potentially reaching "three to four-digit ranges."
- Retail Price: Subject to market speculation, deemed irrelevant to institutional players.
"Central banks aren’t going to transact in XRP at 50 cents. They need price stability for trillion-dollar settlements," he emphasized.
Community Reactions
Skepticism
Blockchain enthusiast Jason Vonhunk dismissed triple-digit predictions:
"$100 = $10 trillion market cap—six times Bitcoin’s global cap. Impossible."
Support
Others acknowledged the long-term plausibility:
"Having done IPOs, this aligns with eventual institutional realities."
Ripple IPO Speculation
Ripple CEO Brad Garlinghouse confirmed an IPO is "possible, but not a priority." While no timeline exists, year-end rumors persist.
Potential Impact on XRP Holders
- Opportunity: IPO buzz could boost Ripple’s credibility and XRP adoption.
- Uncertainty: Market volatility may follow.
👉 Explore Ripple’s latest developments
FAQ
Q1: Why does Alajjarah believe XRP’s price is pre-set?
A: He cites institutional adoption patterns and private negotiations akin to pre-IPO pricing.
Q2: Could XRP realistically hit triple digits?
A: Critics argue the market cap would need to exceed Bitcoin’s by 6x, making it unlikely.
Q3: How would a Ripple IPO affect XRP?
A: Short-term volatility is likely, but long-term adoption could accelerate.